Equifax announced last week that former Workday chief financial officer Barbara Larson has been elected to its board of directors. Equifax said Larson will serve on the board’s audit committee. With this appointment, the Equifax board now consists of 10 directors, including nine independent directors. “I’m energized to welcome Barbara as a new independent director […] [Read More]

While the overall reading dropped to its lowest level in 12 months, LegalShield’s March Consumer Stress Legal Index (CSLI) is starting to exhibit a pattern seen in the past five presidential election cycles. Researchers explained the relationship of swing-state stress as measured in LegalShield’s CSLI is relative to the national average and echoes the results […] [Read More]

Electric vehicle manufacturer Rivian Automotive has received an $827 million incentive package from the Illinois Department of Commerce and Economic Opportunity, which the company said will allow it expand operations at its plant in Normal, Ill. Rivian said the funds will also go toward improvements in public infrastructure and job training programs for Rivian’s workforce […] [Read More]

Vehicle affordability is an issue that has been much talked about recently. As the pandemic and its related supply chain issues limited vehicle production as the decade began, auto manufacturers made concerted efforts to richen their mixes, building highly contented, more expensive vehicles. While this was a sensible reaction to the situation, it also left […] [Read More]

The pandemic forced us to reinvent the way we sell vehicles. We reviewed our online shopping experience and realized we had to remove any obstacles — make it possible for a customer to 100% buy online. We didn’t particularly like it, but it was necessary. Here’s the good news: It worked. Even better news: Customers […] [Read More]

Huffines Auto Dealerships is taking to the streets to celebrate its 100th anniversary. The dealership group, which operates 10 locations in the Dallas-Fort Worth area, was founded May 5, 1924, when J.L. Huffines Sr. first opened Huffines Motor Company in Denton, Texas, selling Willys-Knight and Overland automobiles. In honor of that event, the family-owned and […] [Read More]

Sales of commercial vehicles in OPENLANE’s marketplace during the first quarter were higher than any quarter of 2023, pushing total vehicle sales up by nearly 13% year-over-year. In its Q1 results reported Wednesday, OPENLANE said the number of commercial vehicles sold through its platforms climbed from 167,000 in Q1 2023 to 222,000 in Q1 2024 […] [Read More]

Point Predictive chief fraud strategist Frank McKenna returned to the Auto Remarketing Podcast to discuss one of company’s biggest annual projects. McKenna shared some highlights from Point Predictive’s auto fraud report, acknowledging the total impact on dealerships and finance companies continues to grow. Listen to the conversation in the window below. [Read More]

This week, CallRevu welcomed Merchant Centric into its Center of Excellence. The provider of communications technology for the automotive retail industry said this partnership represents another stride into brand reputation management, leveraging Merchant Centric’s expertise to enhance the overall customer experience. Executives highlighted Merchant Centric, known for its approach to managing and analyzing customer feedback […] [Read More]

DriveItAway Holdings now has more resources to continue its mission to help consumers who might have soft credit histories and financial resources — or general apprehension about electric vehicles — get into EVs. On Friday, the company that offers “micro-lease to purchase” technology announced the closing of a $2 million credit line funding from Auto […] [Read More]